Two firms advise on Luziânia Niquelândia Transmissora issue
Demarest and Lefosse advised on the first issuance of debentures for public distribution by Luziânia Niquelândia Transmissora, under CVM 160.
Banco Santander (Brasil) acted as lead underwriter. The proceeds will be used by the issuer for capital expenditures related to two power substations of the National Interconnected System (Sistema Interligado Nacional – SIN) – Luziânia Substation and Niquelândia Substation – located in the State of Goiás. The debentures will be secured by a fiduciary assignment of credit rights owned by the issuer. The issuer is a subsidiary of State Grid and Eletrobras.
The transaction value was BRL 75 million.
Demarest advised the issuer and relied on partners Marina Aidar (pictured left), Rosi Costa Barros; associates Luana Falkenburger and Thais Freitas.
Lefosse advised Banco Santander (Brasil), and relied on partner Miriam Signor (pictured right); associates João Villa; Murilo Rêgo intern Victoria Rocha.
Luziânia-Niquelândia Transmissora: Pablo Henrique Salgado.
Banco Santander Brasil: Caio de Lima Pereira de Souza.
